Credorax Banks $40M for International Expansion

Software and hardware are changing so rapidly that multi-billion dollar industries are being disrupted, but it’s still hard for a small startup with new technology to get that new business when it appears.

“The payments world is changing so fast, there are all kinds of services you need today that 10 years ago nobody would have thought of,” said founder and Chief Executive Benjamin Nachman, who started Credorax in 2008. He said he hopes to take the company public in about three years.